Sold STC Flat

Princess Mary Avenue

Chatham, Kent, ME4, ME4 4UT

2 beds 1 baths Listed 19 Apr 2024 (-785d)

£205,000

Save

# 2 bedroom flat for sale (ME4 4UT)

## Property Details

| Key | Value |
|-----|-------|
| Address | Princess Mary Avenue, Chatham, Kent, ME4, ME4 4UT |
| Price | £205,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | TBC |
| Last sold | £204,000 |

## Description

Two bedroom DUPLEX apartments at the extremely popular Sovereign Gate, Brompton.

These apartments have undergone an impressive refurbishment and each come with two parking spaces! The apartment itself comprises an entrance hall, living room, modern kitchen, bathroom and two bedrooms.

Lease - 124yrs

Council Tax Band - A

Service Charge - £1558

Ground Rent - £1

Call us now to arrange your viewing -  .

This stunning secluded development is conveniently located in the sought after area of Brompton within easy reach of two mainline stations, the M2, M20 and M25 motorways as well as enjoying the endless list of local amenities and attractions such as the Historic Dockyard, Marina, Outlet Centre, Cinema and the Great Lines public park that hosts the weekly Park Run on Saturday mornings to name just a few.

**IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:**

We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

CHT240081/2

## Property Photos

- ![Bathroom](/listings/photos/147032018/231715) - Bathroom
- ![Front](/listings/photos/147032018/231716) - Front
- ![Kitchen](/listings/photos/147032018/231717) - Kitchen
- ![Lounge](/listings/photos/147032018/231718) - Lounge
- ![Hallway](/listings/photos/147032018/231719) - Hallway
- ![Bedroom](/listings/photos/147032018/231720) - Bedroom
- ![PHOTOGRAPHY](/listings/photos/147032018/231721) - PHOTOGRAPHY
- ![PHOTOGRAPHY](/listings/photos/147032018/231722) - PHOTOGRAPHY

## Floorplans

- ![FLOOR-PLAN](/listings/photos/147032018/231723) - FLOOR-PLAN

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/147032018/231724) - EPC Rating Graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
|  | £204,000 | 01/01/2024 | — |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| ANNVERA HOUSE FLAT 2 STROVER STREET, GILLINGHAM, MEDWAY, ME7 1JE | £80,000 | 14/03/2025 | Flat |
| [Same street] 14 PRINCESS MARY AVENUE, CHATHAM, MEDWAY, ME4 4UT | £204,000 | 21/12/2023 | Flat |
| 30 ROYAL SOVEREIGN AVENUE, CHATHAM, MEDWAY, ME4 4UP | £254,000 | 20/12/2023 | Flat |
| 52 PRINCESS MARY AVENUE, CHATHAM, MEDWAY, ME4 4UU | £255,000 | 13/10/2023 | Flat |
| [Same street] 12 PRINCESS MARY AVENUE, CHATHAM, MEDWAY, ME4 4UT | £194,000 | 06/10/2023 | Flat |
| 21 ROYAL SOVEREIGN AVENUE, CHATHAM, MEDWAY, ME4 4UW | £254,000 | 04/10/2023 | Flat |
| ANNVERA HOUSE FLAT 5 STROVER STREET, GILLINGHAM, MEDWAY, ME7 1JE | £115,000 | 17/12/2021 | Flat |
| 57 MILL ROAD, GILLINGHAM, MEDWAY, ME7 1HW | £170,000 | 10/11/2021 | Flat |
| ANNVERA HOUSE FLAT 8 STROVER STREET, GILLINGHAM, MEDWAY, ME7 1JE | £115,000 | 04/11/2021 | Flat |

**Street average:** £199,000 (2 sales)
**Area average:** £177,571 (7 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £202,158 (24 Flat, ME4, 2024–2026)
- **Deviation:** +1.4%

## Rental Range

*ONS Price Index of Private Rents (Medway). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,113/mo
- **Realistic:** £1,237/mo
- **Optimistic:** £1,361/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Bury St Edmunds (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £773/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Address Apartments, ME7 | £2,500/mo | 2 | 0.39 miles | OpenRent |
| 2 Bed Flat, The Kell, ME4 | £1,670/mo | 2 | 0.45 miles | OpenRent |

**Average rent: £2,085/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 1.02% (strong)
- **Max investor price (0.8%):** £260,625
- **Target investor price (1%):** £208,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £2,085/mo).*

- **Gross yield:** 12.2%
- **Cost-to-rent:** 8.2×
- **Monthly cashflow:** £1,044/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 21.1%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -13.2%
- **10y growth:** 60.5%

## House Price Index (HM Land Registry)

*Official index for Medway; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -4%
- **5y growth (index):** 3.9%
- **10y growth (index):** 24.5%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Bathroom Front Kitchen Lounge Hallway Bedroom PHOTOGRAPHY PHOTOGRAPHY

/ 8

Property details

Council tax band

TBC

Last sold

£204,000

Local average

£202,158 (+1.4%)

Street crime

390 incidents within 1 mile (Apr 2026)

Key features

Two Bedroom Duplex Apartment
Beautifully Refurbished Throughout
Stunning New Kitchen & Bathroom
Sought After Location
Allocated Parking
Incentives Available

Additional details

Parking: Yes

Description

Two bedroom DUPLEX apartments at the extremely popular Sovereign Gate, Brompton.

These apartments have undergone an impressive refurbishment and each come with two parking spaces! The apartment itself comprises an entrance hall, living room, modern kitchen, bathroom and two bedrooms.

Lease - 124yrs
Council Tax Band - A
Service Charge - £1558
Ground Rent - £1

Call us now to arrange your viewing - .

This stunning secluded development is conveniently located in the sought after area of Brompton within easy reach of two mainline stations, the M2, M20 and M25 motorways as well as enjoying the endless list of local amenities and attractions such as the Historic Dockyard, Marina, Outlet Centre, Cinema and the Great Lines public park that hosts the weekly Park Run on Saturday mornings to name just a few.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

CHT240081/2

Listed by

Chatham

Move South Limited - LSL Franchise

Reference: 147032018

EPC ratings on this postcode

We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.

Address	Current	Potential	Floor area	Age band	Type
1 Princess Mary Avenue, CHATHAM	72	76	62 m²	England and Wales: 1976-1982	Flat
10 Princess Mary Avenue, CHATHAM	78	78	68 m²	England and Wales: 1976-1982	Flat
11 Princess Mary Avenue, CHATHAM	72	76	62 m²	England and Wales: 1976-1982	Flat
12 Princess Mary Avenue, CHATHAM	79	79	62 m²	England and Wales: 1976-1982	Flat
13 Princess Mary Avenue, CHATHAM	79	79	62 m²	England and Wales: 1976-1982	Flat
14 Princess Mary Avenue, CHATHAM	78	78	68 m²	England and Wales: 1976-1982	Flat
15 Princess Mary Avenue, CHATHAM	78	78	68 m²	England and Wales: 1976-1982	Flat
16 Princess Mary Avenue, CHATHAM	72	76	62 m²	England and Wales: 1976-1982	Flat
17 Princess Mary Avenue, CHATHAM	79	79	62 m²	England and Wales: 1976-1982	Flat
18 Princess Mary Avenue, CHATHAM	79	79	62 m²	England and Wales: 1976-1982	Flat
18, Princess Mary Avenue, CHATHAM	71	77	66 m²	England and Wales: 1967-1975	Flat
19 Princess Mary Avenue, CHATHAM	78	78	68 m²	England and Wales: 1976-1982	Flat
2 Princess Mary Avenue, CHATHAM	79	79	62 m²	England and Wales: 1976-1982	Flat
20 Princess Mary Avenue, CHATHAM	78	78	68 m²	England and Wales: 1976-1982	Flat
21 Princess Mary Avenue, CHATHAM	73	87	82 m²	England and Wales: 1976-1982	Terraced

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

FLOOR-PLAN

EPC Graphs

EPC Rating Graph

Price history

Event	Date	Price	% change
Sold	01/01/2024 (2 years ago)	£204,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
ANNVERA HOUSE FLAT 2 STROVER STREET, GILLINGHAM, MEDWAY, ME7 1JE	£80,000	14/03/2025	Flat
Same street 14 PRINCESS MARY AVENUE, CHATHAM, MEDWAY, ME4 4UT	£204,000	21/12/2023	Flat
30 ROYAL SOVEREIGN AVENUE, CHATHAM, MEDWAY, ME4 4UP	£254,000	20/12/2023	Flat
52 PRINCESS MARY AVENUE, CHATHAM, MEDWAY, ME4 4UU	£255,000	13/10/2023	Flat
Same street 12 PRINCESS MARY AVENUE, CHATHAM, MEDWAY, ME4 4UT	£194,000	06/10/2023	Flat
21 ROYAL SOVEREIGN AVENUE, CHATHAM, MEDWAY, ME4 4UW	£254,000	04/10/2023	Flat
ANNVERA HOUSE FLAT 5 STROVER STREET, GILLINGHAM, MEDWAY, ME7 1JE	£115,000	17/12/2021	Flat
57 MILL ROAD, GILLINGHAM, MEDWAY, ME7 1HW	£170,000	10/11/2021	Flat
ANNVERA HOUSE FLAT 8 STROVER STREET, GILLINGHAM, MEDWAY, ME7 1JE	£115,000	04/11/2021	Flat

Street average: £199,000 (2 sales)

Area average: £177,571 (7 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -13.2%

10y growth 60.5%

House Price Index (HM Land Registry — official index, not sold-price averages): Medway. Series: Flats and maisonettes. As of March 2026.

1y (index) -4%

5y (index) 3.9%

10y (index) 24.5%

Rental Range

Estimated market rent for Medway. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,113/mo

Realistic £1,237/mo

Optimistic £1,361/mo

Based on Local Authority from postcode lookup → Medway.

LHA (30th percentile) floor for Bury St Edmunds: £773/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View ME4 4UT

Address

Princess Mary Avenue

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	MidKent College	0.1 miles
Bus stop	Royal Engineers Museum	0.2 miles
University	University of Greenwich/University of Kent Medway Campus	0.2 miles
University	Unknown	0.2 miles
Shop	Sapper Shop	0.3 miles
Shop	Reeds Auto Services	0.4 miles
Train station	Gillingham	0.7 miles
Hospital	Medway Maritime Hospital	1.0 miles
Train station	Fort Apache	1.1 miles
Hospital	Will Adams NHS Treatment Centre	1.8 miles

Street-level crime

Category	Count
Violence and sexual offences	122
Anti-social behaviour	62
Shoplifting	46
Criminal damage and arson	40
Other theft	30
Public order	21
Other crime	15
Drugs	14
Vehicle crime	13
Burglary	11
Robbery	5
Bicycle theft	4
Possession of weapons	4
Theft from the person	3
Total incidents	390

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
MidKent College	Other	0.1 miles	— (No rating)
Waterfront UTC	Secondary	0.4 miles	Good — 1 Mar 2023
Burnt Oak Primary School	Primary	0.4 miles	Good — 12 Jul 2022
Oasis Academy Skinner Street	Primary	0.5 miles	Good — 17 Nov 2021
Brompton-Westbrook Primary School	Primary	0.7 miles	Good — 11 Mar 2015

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Flat, Address Apartments, ME7	£2,500/mo	2	0.39 miles	OpenRent
2 Bed Flat, The Kell, ME4	£1,670/mo	2	0.45 miles	OpenRent

Average rent: £2,085/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.02%

Max investor price (0.8%) £260,625

Target investor price (1%) £208,500

Gross yield 12.2%

Cost-to-rent ratio 8.2×

Monthly cashflow £1,044/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 21.1%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Enter House Number

Enter the house number to help us retrieve more accurate pricing history and property data.

Please log in to submit or correct the house number for this listing.